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Press Release: Financial Health Pulse 2023: Share of Financially Vulnerable Americans Grows to 17% of Population, Climbing to Pre-Pandemic Levels
Largest Pulse data collection finds growing financial health inequities based on race, ethnicity, and age.
- Categories
- Finance, Technology
- Region
- North America
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Sweeter Prospects for Cocoa Farmers: A Recent Study Shows How Formal Land Rights Improve the Financial Outlook for Smallholders in Cote d’Ivoire
Cocoa is one of the world’s most prized foods, but the smallholder farmers who produce it typically live in poverty and often lack formal rights to the land they're farming. Scott Graham and Anahit Tevosyan at FINCA International explore how a partnership between global chocolate companies and other industry and development sector players is strengthening farmers' property rights in Cote d’Ivoire — the source of 45% of the world’s cocoa — thereby aiming to improve their financial health and resilience.
- Categories
- Agriculture, Finance
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Report: New Research from Financial Health Network Shows 90% of Working-Age People with Disabilities are Not Financially Healthy
Report also finds that 93% of people with disabilities are unfamiliar with ABLE Accounts, the primary tool offered by the government for building and maintaining assets without losing public benefits.
- Categories
- Finance, Technology
- Region
- North America
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aYo Launches Affordable Microinsurance in Cameroon
African insurtech aYo Holdings has launched its operations in Cameroon with innovative insurance products that offer local consumers affordable accident and death cover.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Understanding the Coping Strategies of Financially Distressed Households: New Data Shows Their Value — And Lasting Consequences
COVID lockdowns had a grave impact on the financial health of low-income communities around the world — and as Scott Graham, Anahit Tevosyan and Andrée Simon at FINCA International point out, further financial shocks are a virtual certainty for these households. They share data gathered during the pandemic that reveals the coping strategies FINCA clients used to navigate the crisis — and they discuss how these strategies have left low-income households vulnerable to future economic disruptions and income shocks.
- Categories
- Finance
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Kenyan Fintech Power Lands $3 Million Seed Funding
Power allows workers to take control of their financial health by making a holistic set of financial services available to employees.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial health, fintech
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Press Release: 2022 Financial Health Pulse: Financial Health Drops in U.S. for First Time in Five Years of Measurement
New data shows erosion of financial health gains from pandemic, led by significant declines in middle- and upper-income earners, black people and women.
- Categories
- Finance, Impact Assessment
- Region
- North America
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FirstBank Secures $150 Million Afreximbank Pandemic Trade Impact Mitigation Facility (PATIMFA) To Support Businesses In Nigeria
Afreximbank’s financial support will be accessible to FirstBank customers involved in manufacturing and importing healthcare-related products.
- Categories
- Coronavirus, Finance, Health Care
- Region
- Sub-Saharan Africa